Arkema will buy industrial applications of SEPPIC’s specialty alcoxylates business
Monday, 14 November 2011
The project to acquire SEPPIC's specialty alcoxylate industrial business particularly involves the acquisition of an industrial site with 50 employees in Antwerp (Belgium), which generated EUR 47million sales in 2010.
Arkema has announced a project to acquire the industrial applications specialty alcoxylate business of SEPPIC. SEPPIC’s alcoxylates are specialty polyols and alcoxylated surfactants for the paint resins, coatings and adhesives markets. With this new product range Arkema could extend its surfactant product range. This site would become part of the Performance Products business segment and Arkema’s Specialty Chemicals business unit (CECA). By integrating industrial facilities complementing its two sites at Feuchy and Châteauroux (France), CECA would expand its specialty surfactant range. Among other applications alcoxylates also represent a main constituent in the manufacture of certain rheological additives used in paints and ultra-high performance concrete additives for high-tech civil works engineering structures. These products are currently manufactured and marketed by Arkema’s subsidiary Coatex. Implementation of the project is subject to the legal information and consultation process involving the trade unions in the countries concerned, and to the approval of the antitrust authorities.




















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